Top Companies in Western Markets

Delivered March 8th, 2018. Contributors: Annabelle T., Daniel T., Hans R., Shannon L., Catherine M., Varun N., Victor E., Carina H., Alejandra B. and

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San Diego - Top Companies by Revenue Part One

The top San Diego-based companies that have the largest revenues are Qualcomm Incorporated ($22.29 billion), Sempra Energy ($10.18 billion), Petco Animal Supplies, Inc. ($9.85 billion), Sony Electronics Inc. ($4.92 billion), San Diego Gas & Electric Company ($4.25 billion), CareFusion Corporation ($3.84 billion), Sharp Healthcare ($3.39 billion), Pricesmart, Inc. ($2.996 billion), Scripps Health ($2.94 billion), Leap Wireless International, Inc. ($2.898 billion), Illumina, Inc. ($2.398 billion), and Resmed Inc. ($2.066 billion).

In terms of company size, the five top companies include Qualcomm with 33,800 employees, Sony Electronics with 26,150, Petco with 25,000, Sharp Healthcare with 18,000, and Sempra Energy and CareFusion has 16,000 each.

METHODOLOGYIn order to finalize the twelve top companies that could qualify for the given criteria, i.e. biggest in terms of revenue and company size, the company must be headquartered in San Diego, and excluding educational institutions and government entities, our first approach is to look at any available precompiled lists which ranks top companies in the city either by revenue or by company size. The first approach did not yield a robust result. Some lists were published more than 5 years ago, some were not headquartered in the city and some were based on employee's rating. Hence, we utilize the Hoovers database (and also cross-checked it with the lists) and sort it by location. We only considered those companies that are headquartered in San Diego and determined those with the highest sales revenues. We then double-checked each company's recent number of employees, their revenues, and their office HQ address.

TOP SAN DIEGO COMPANIESThe below lists of twelve top companies were arranged according to the highest revenue in descending order.

1. QUALCOMM INCORPORATED 

Revenue: $22.29 billion 
Number of employees: 33,800 

Industry and company overview:
Qualcomm was founded on Jan 1, 1985. The company manufactures, designs, and provide solutions and services for digital wireless telecommunication products.

Major or recent news:
26 Feb 2018 — Qualcomm is currently bidding for Broadcom's acquisition with $117 billion deal offer.

2. SEMPRA ENERGY 

Revenue: $10.18 billion 
Number of employees: 16,000 

Industry and company overview:
Sempra Energy is a Fortune 500 energy services company that was founded in 1996 and is based in San Diego, Calif. Sempra Energy is a "utility company that offers gas and electrical services to most California residents."

Major or recent news:
Feb 28, 2018 — Sempra Energy has recorded a revenue increase as it prepares to acquire a majority ownership of Oncor Electric Delivery Company LLC, a large transmission and distribution utility in Texas. Also, Sempra currently involves with more than $21.5 billion worth of active projects.

3. PETCO ANIMAL SUPPLIES, INC. 

Revenue: $9.85 billion 
Number of employees: 25,000 

Industry and company overview: Petco was founded in 1965 and is a pet specialty retailer that provides premium pet food products, services, and advice for pet owners.

Major or recent news:
Feb 06, 2018 — Petco is expanding its pet services offerings and is adding more in-store veterinary hospital in Texas. Recently, the company also re-opened two of its remodeled stores in the said state.
Additionally, Petco also opened its "first THRIVE Affordable Vet Care veterinary hospital in October 2017 and its first The Pet Vet veterinary hospital in January 2018."

4. SONY ELECTRONICS INC. 

Revenue: $4.92 billion 
Number of employees: 26,150 

Industry and company overview: Sony Electronics based in San Diego, California, is a sales and marketing arm of Sony’s global electronics business in the United States. The company is a manufacturer and producer of audio and video electronics.

Major or recent news:
 Apr. 2017 — Sony Electronics acquired Crispin Corporation for an undisclosed amount.
 Apr. 2017 — Sony gained the second position in the U.S. market for its full-frame interchangeable lens camera market.

5. SAN DIEGO GAS & ELECTRIC COMPANY

Revenue: $4.25 billion 
Number of employees: 4,100 

Industry and company overview: SDG&E was founded in 1881 in San Diego, California. The company is an active player in the energy sector and provides service to 3.4 million customers in San Diego and southern Orange counties. The company is a sub-organization of Sempra Energy.

Major or recent news:
Mar. 2017 — SDG&E installed "massive flow battery" that can power 1,000 homes with a system that has an expectancy lifespan of more than 20 years.

6. CAREFUSION CORPORATION 

Revenue: $3.84 billion 
Number of employees: 16,000 

Industry and company overview: CareFusion is a healthcare and medical technology company that primarily operates in two segments — Medical Systems and Procedural Solutions. It was founded in 2009 and a sub-organization of Becton Dickinson.

Major or recent news:
Oct 18, 2017 — CareFusion confirmed that it will eliminate about 81 positions in its San Diego office in relation to its planned strategic shift.

7. SHARP HEALTHCARE 

Revenue: $3.39 billion 
Number of employees: 18,000 

Industry and company overview: Founded in 1946, Sharp operates as a regional healthcare provider in San Diego. The company currently has four acute-care hospitals, three specialty hospitals, two affiliated medical groups and a health plan.

Major or recent news:
Nov 15, 2017 — Sharp HealthCare participates in "medical tourism".
Jan 18, 2018 — "San Diego-based Sharp HealthCare is one of the latest providers to use Apple’s CareKit, an open source toolkit for hospitals and health systems, to develop its mobile offering, the Sharp Health Companion app."

8. PRICESMART INC. 

Revenue: $2.996 billion 
Number of employees: 7,900 

Industry and company overview: PriceSmart was founded in 1994 and operates warehouse clubs in 12 countries in Central America and the Caribbean and one in the U.S.

Major or recent news:
Oct. 2017 — PriceSmart opened its 40th global discount warehouse club store in Costa Rica, its seventh on this island.

9. SCRIPPS HEALTH 

Revenue: $2.94 billion
Number of employees: 14,496 

Industry and company overview: Scripps Health provides healthcare system and medical care in the region including preventive services and wellness screenings for every stage of life. The company was founded in 1890.

Major or recent news:
Dec. 2017 — "Scripps Health will cut corporate services by $30 million and replace the chief executive role at its hospitals with a new leadership model." The company has replaced its chief executives at its five hospitals.

10. LEAP WIRELESS INTERNATIONAL, INC.

Revenue: $2.898 billion 
Number of employees: 2,984 

Industry and company overview: Founded in 1998, Leap Wireless is a communication provider in the wireless sector and it provides its services under Cricket brand.

Major or recent news:
Dec. 2016 — Leap Wireless, through its prepaid mobile service provider Cricket, is expanding its business in the Chicago market.

11. ILLUMINA INC. 

Revenue: $2.398 billion 
Number of employees: 5,500 

Industry and company overview: Founded in 1998, Illumina is a biotech and genetics company that offers innovation in the analysis of genetic variation and function.

Major or recent news:
Mar 5, 2018 — Illumina Health launched its GAINSWave product in Scottsdale.
Jan 9, 2018 — Illumina Health launched the iSeq 100 Sequencing System-a system that delivers exceptional data accuracy, at a low capital cost, making Illumina technology available to virtually any lab. The iSeq 100 is the "first system with this architecture and has a U.S. list price of $19,900."

12. RESMED INC. 

Revenue: $2.066 billion
Number of employees: 6,000 

Industry and company overview: Resmed was founded in 1989. The company manufactures, develops and distributes medical equipment "for treating, diagnosing, and managing sleep-disordered breathing and other respiratory disorders." On October 1, 2009, the company acquired Laboratoires Narval SA.

Major or recent news:
Jan. 8, 2018 — ResMed introduces its first ResMed-branded portable oxygen concentrator (POC), Mobi. The product balanced oxygen delivery, weight and battery life for patients with chronic obstructive pulmonary disease (COPD).

CONCLUSIONTwelve top companies in San Diego area were provided based on their recent annual revenues. Qualcomm and Sempra Energy were the biggest companies in San Diego with revenues of $22.29 billion and $10.18 billion respectively. Qualcomm currently has 33,800 employees while Sempra Energy has 16,000. ResMed Inc. took the 12th place with $2.066 billion revenue.

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San Diego - Top Companies by Revenue Part Two

Based on the latest available information, cross-referenced with the Hoovers database, the top 13 to 24 San Diego companies, according to revenue, are: Solar Turbines Incorporated ($1,991.084 million), AMN Healthcare Services, Inc. ($1,902.225 million), General Atomics ($1,572.828 million), Jack in the Box Inc. ($1,553.914 million), Cubic Corporation ($1,485.861 million), Charlotte Russe, Inc. ($1,225.861 million), Realty Income Corporation ($1,103.172 million), Rady Children's Hospital and Health Center ($1,092.965 million), Encore Capital Group, Inc. ($1,029.258 million), NuVasive, Inc. ($962.072 million), Image One Marketing Group Inc. ($910.459 million), and EDF Renewable Energy, Inc. ($898.054 million).
Top San Diego CompaniesIn order to find the next twelve of the top 24 San Diego companies in terms of revenue, we utilized the Hoovers database, because after exhaustive research, recent compiled lists of San Diego companies by revenue were not available. Educational and government organizations were not considered, as well as companies that were duplicates or subsidiaries of corporations already listed in part one of this request.

The next 12 of the top 24 San Diego companies are now listed below, arranged in decreasing order, beginning with the top 13th company. Revenues, number of employees, and HQ location have all been double-checked and cross-referenced.

13. SOLAR TURBINES INCORPORATED

Revenue: $1.991.083 million 
Number of Employees: 7,000 

Company Overview:
Founded in 1927, and a subsidiary of Caterpillar Inc., Solar Turbines Incorporated is headquartered in San Diego, and is a top global manufacturer of industrial gas turbines. The company also offers "gas turbine engines...gas compressors, gas turbine-powered compressor sets, and mechanical-drive packages and generator sets..." All these products serve as essential parts in oil, natural gas, and power generation projects globally.

Major or Recent News:
Solar Turbines Incorporated partnered with Valmet in April 10, 2017 to improve integrated gas turbine cogeneration systems used by the tissue industry. This joint project aimed to reduce the production costs of tissue mills as well as to increase the energy efficiency of the tissue production process.

14. AMN HEALTHCARE SERVICES, INC.

Revenue: $1,902.225 million 
Number of Employees: 2,980 

Company Overview:
The company offers "healthcare workforce solutions and staffing services in the United States", specifically "travel nurse staffing...rapid response nurse staffing...labor disruption services", and more.

Major or Recent News:
AMN Healthcare Services, Inc.  entered into a five-year agreement in February 12, 2018 on a revolving credit facility worth $400 million. The entrance allowed for expanded borrowing by $250 million in addition to amounts dependent upon a net leverage ratio test. The new credit facility replaced the old credit facility of $275 million.

15. GENERAL ATOMICS 

Revenue: $1,572.828 million 
Number of Employees: 8,000 

Company Overview:
General Atomics was first founded in 1955 as a General Dynamics division. Today, the company stands as a leading global resource for airborne sensors, remotely operated surveillance aircraft, high-technology systems, and advanced electronic, wireless and laser technologies. 

Major or Recent News:
The U.S. Navy opened their MQ-25A Stingray system development to bidders, after revealing their funding request for $719 million in their 2019 fiscal year budget. As a result, General Atomics Aeronautical Systems partnered with Boeing in February 20, 2018 to develop the MQ-25A design of General Atomics.
  
16. JACK IN THE BOX INC. 

Revenue: $1,553.914 million 
Number of Employees: 16,600 

Company Overview:
Jack in the Box quick-service restaurants and Qdoba Mexican Eats fast-casual restaurants in the U.S. are operated and franchised by Jack in the Box Inc., founded in 1951.

Major or Recent News:
Two leadership changes occurred in the Jack in the Box® brand this year, and one leadership change has been announced for March 26. Frances Allen, the Brand President, resigned on February 9, 2018, while Marcus Tom became the Vice President and Chief Operating Officer on February 12, 2018. Lance F. Tucker will also join the company on March 26 as the Executive Vice President and Chief Financial Officer. 
 
17. CUBIC CORPORATION 

Revenue: $1,485.861 million 
Number of Employees: 8,700 

Company Overview:
The company offers the U.S. transportation and defense markets with systems and solutions. Transportation systems and solutions include software; systems and multiagency, multimodal integration technologies; fare collection and revenue management devices; and operational services targeting transportation authorities and operators. Defense systems and solutions include secure communication systems and products, live and virtual military training systems, and live, virtual and constructive training.

Major or Recent News:
On March 2, 2018, the company, through its Cubic Global Defense segment, partnered with the U.K.'s Thales to work together on a bid. The bid is for the British Army's Training and Simulation Systems Programme of the Joint Fires Synthetic Training project.

In other news, Cubic Corporation's board of directors elected Bradley H. Feldmann as Chairman of the Board on February 19, 2018. Feldmann replaced Walter C. Zable, who has been chairman for the last five years.

18. CHARLOTTE RUSSE, INC. 

Revenue: $1,225.861 million 
Number of Employees: 2,271 

Company Overview:
Founded in 1975, the company "owns and operates mall-based stores of apparel and accessories for young women", although it also offers footwear and jewelry products.

Major or Recent News:
Last year, on December 15, the company agreed to a restructuring support with the "holders of over 98 percent of its Term Loan debt." This agreement aimed to decrease the Term Loan debt of the company from about $214 million down to $90 million. The Supporting Term Lenders--the holders--would subsequently receive 100 percent Charlotte Russe equity in exchange.
 
19. REALTY INCOME CORPORATION 

Revenue: $1,103.172 million 
Number of Employees: 152 

Company Overview:
As an S&P 500 company, Realty Income Corporation provides monthly income to its shareholders. Structured as an REIT, the company supports its monthly dividends with a cash flow originating from more than 5,000 real estate properties.

Major or Recent News:
At the beginning of 2018, Benjamin N. Fox was promoted to Executive Vice President, Portfolio & Asset Management of Realty Income Corporation. He used to be Senior Vice President in the same department.

20. RADY CHILDREN'S HOSPITAL AND HEALTH CENTER 

Revenue: $1,092.965 million 
Number of Employees: 4,700 

Company Overview:
The hospital and health center is the pediatric medical center, pediatric trauma center, and exclusively pediatric healthcare facility of San Diego, Imperial and southern Riverside counties.

Major or Recent News:
With the opening of its quick-turnaround genetics lab, Rady Children's Hospital and Health Center entered into an agreement on June 23, 2017 with Orange County's Children's Hospital for a full DNA service for infants in the Children's Hospital's intensive care units.

21. ENCORE CAPITAL GROUP, INC.

Revenue: $1,029.258 million 
Number of Employees: 8,236 

Company Overview:
The company is a specialty finance business that offers consumers with debt recovery, and debt collection and management. In debt recovery, Encore Capital Group, Inc. purchases defaulted consumer receivables' portfolios "at deep discounts to face value". The company also helps individuals with repayment, leading them toward financial recovery, by managing the said portfolios.

Major or Recent News:
Encore Capital Group, Inc. experienced some leadership changes in 2017. Ashish Masih became the President and CEO of the company, while Michael Monaco was elected as non-executive Chairman.

22. NUVASIVE, INC.

Revenue: $962.072 million 
Number of Employees: 2,400 

Company Overview:
NuVasive, Inc. is a medical device company that offers procedurally-integrated solutions and minimally-disruptive surgical products. These all help in spine fusion surgeries.

Major or Recent News:
Just this year, February 8, the company appointed John A. DeFord, Ph.D. to its Board of Directors. 

23. IMAGE ONE MARKETING GROUP INC.

Revenue: $910.459 million 
Number of Employees: 3 

Company Overview:
The company is an advertising consultancy, founded in 2002.

Major or Recent News:
Exhaustive research yielded no results under this category.

24. EDF RENEWABLE ENERGY, INC. 

Revenue: $898.054 million 
Number of Employees: 1,077 

Company Overview: 
The company endeavors to produce highly efficient renewable energy projects for themselves and clients. EDF Renewable Energy, Inc. has been around for over 30 years, specializing in all sorts of renewable energy sources such as wind, solar, and hydro, to name a few. As of now, the company has created more than 8 gigawatts and 4 gigawatts of developed projects and installed capacity, respectively.

Major or Recent News:
In 2017, EDF Renewable Energy, Inc. agreed to supply 200 megawatts of wind energy to Google. The Glaciers Edge Wind Project in Iowa would supply the wind energy for Google.

ConclusionIn order of decreasing revenue, the second half of the top 24 San Diego companies are: Solar Turbines Incorporated ($1,991.084 million), AMN Healthcare Services, Inc. ($1,902.225 million), General Atomics ($1,572.828 million), Jack in the Box Inc. ($1,553.914 million), Cubic Corporation ($1,485.861 million), Charlotte Russe, Inc. ($1,225.861 million), Realty Income Corporation ($1,103.172 million), Rady Children's Hospital and Health Center ($1,092.965 million), Encore Capital Group, Inc. ($1,029.258 million), NuVasive, Inc. ($962.072 million), Image One Marketing Group Inc. ($910.459 million), and EDF Renewable Energy, Inc. ($898.054 million).

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Los Angeles - Top Companies by Revenue Part One

The top companies in Los Angeles by revenue include The Walt Disney Co., AECOM Technology Corp., CBRE Group, Inc., Farmers Insurance Exchange, Edison International, Reliance Steel & Aluminum Co., Live Nation Entertainment, Inc., A-Mark Precious Metals, Inc., Activision Blizzard, Inc., Avery Dennison Corp., Mattel, Inc. and Tutor Perini Corp.
We performed an extensive research of recent industry sources and periodicals, trusted media resources, and statistics databases to identify the top companies in Los Angeles based on revenues. Please see our findings below. 
The Walt Disney Co. The Walt Disney Co. is a diversified entertainment company that has about 199,000 employees and a reported revenue of $55.6 billion. Investor Place estimates that over the next two years Disney will jump head-first into the over-the-top streaming world, first with the launching of ESPN plus and it plans to follow that up with its own Disney-branded streaming service in 2019.
AECOM Technology Corp. AECOM Technology Corp. is a technical services company that has about 87,000 employees and a reported revenue of $17.4 billion. The times reported that shares of AECOM Technology Corp have seen the Mesa Adaptive Moving Average (MAMA) roam just below the Fractional Moving Average (FAMA). 
CBRE Group, Inc. CBRE Group, Inc. is a property management company. The number of employees is 75,000. The reported revenue is $13 billion. CBRE Group, Inc. market capitalization at present is $15.97 billion at the rate of $46.75 a share. 
Farmers Insurance Exchange Farmers Insurance Exchange is an insurance company (home, auto, business insurance, life). The number of employees is 13,309, with a reported revenue of $12.5 billion. A.M. Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” of Farmers Reinsurance Company (Woodland Hills, CA), a company part of the Farmers Insurance Group. 
Edison International Edison International is an electric utilities company with 12,521 employees. The reported revenue of $11.8 billion. According to Seeking Alpha, Edison International has one of the lowest current and forward PEs among electric utilities.
Reliance Steel & Aluminum Co. Reliance Steel & Aluminum Co. is a steel and iron company with about 14,500 employees and a reported revenue of $8.6 billion. The company announced that effective March 1, 2008, it has acquired all the capital stock from DuBose National Energy Services Inc. and its affiliate. 
Live Nation Entertainment, Inc. Live Nation Entertainment, Inc. is a diversified media and entertainment company. The number of employees is approximately 8,300 and a reported revenue of $8.3 billion. The Motley Fool reported that Live Nation Entertainment had a 20% year-over-year increase in tickets sold combined with higher average prices to generate 26% higher top-line sales. 
A-Mark Precious Metals, Inc. A-Mark Precious Metals, Inc. is a precious metals/investment brokerage company with 125 full-time employees. The reported revenue of $6.7 billion. The company declared a quarterly dividend on February 5th, Wall Street Journal reports. Shareholders of record on February 13th will be paid a dividend of 0.08 per share on Tuesday, February 27th.
Activision Blizzard, Inc. Activision Blizzard, Inc. is a recreational products company with about 9,600 employees and a reported revenue of $6.6 billion. Investor Place reports that as rates creep higher and bond yields start to challenge equity yields; Activision stock will have a tough time gaining ground.
Avery Dennison Corp. Avery Dennison Corp. is a specialized chemicals company with 32,100 employees and a reported revenue of $6 billion. Money Making Articles HotStuff reported that Private Trust Co has boosted position in Avery Dennison Corp. by 85.98% based on its latest 2017Q3 regulatory filing with the SEC.
Mattel, Inc. Mattel, Inc. is a toy manufacturing/recreational products company with 32,000 employees, with a reported revenue of $5.4 billion.  According to U.S. News Mattel was affected negatively by Toys 'R' Us closing deal. Another wave of store closings is even more bad news for toymaker Mattel.
Tutor Perini Corp. Tutor Perini Corp. is a construction/engineering company with about 7,733 employees, with a reported revenue of $4.9 billion. The Ledger Gazette reports D.A. Davidson & CO. raised its holdings in shares of Tutor Perini Corp by 106.6% in the 4th quarter. 

ConclusionThe companies listed above were selected based on their revenues. Details of the kind of business and the number of employees has been also provided. 

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Los Angeles - Top Companies by Revenue Part Two

Twelve top companies in Los Angeles, California according to estimated annual revenue are KB Home, VCA, Mercury Insurance, 99 Cents Only Stores, Guess?, Oaktree Capital, J2 Global, The Honest Company, Boingo Wireless, Loot Crate, Fullscreen Media, and Insomniac Games. 
METHODOLOGYUsing two pre-compiled lists of the largest companies in California and Los Angeles County, I was able to identify 12 additional top companies headquartered in Los Angeles based on revenue. These sources include Los Angeles Almanac's "Largest Publicly-Owned Companies
 Based in Los Angeles County", which is ranked by sales and Built In Los Angeles' "Meet LA's Top 100 tech companies," which is ranked by employee count. Typically, higher sales and employee counts positively correlate to revenue, so I believe the 12 companies I have included here are among the companies with the highest revenue headquartered in Los Angeles. It is possible there are smaller companies that did not make these lists that have slightly higher revenues than some of the 24 we have put on our full list, but as the request only called for 24 of the top companies by revenue in Los Angeles rather than the top 24, we feel confident the companies we have provided across the two requests satisfy the requirements of the project.

Using the two pre-compiled lists, I first culled the companies not headquartered in Los Angeles and those identified in the first request. I was able to identify nine additional companies that have a Los Angeles address. Using company annual reports for public companies and Owler for private companies, I ranked these nine companies in order from the highest revenue to the lowest. 

The remaining three companies I found are located in Hollywood (6.5 miles from Los Angeles), City of Commerce (7.3 miles from Los Angeles), and Burbank (12 miles from Los Angeles). Both lists that I consulted counted these three cities as existing in the "Los Angeles area." Therefore, when I was unable to find a full 12 additional companies, I expanded my search to include Hollywood, City of Commerce, and Burbank to find the three more I needed to complete the list. Again, I used company annual reports and Owler to find revenue numbers for these three businesses. Then, I inserted them on our list according to their revenues.

After identifying the 12 additional companies, I turned my attention to finding major news about each one. Unfortunately, most companies did not have any major news within the past 24 months. Instead, most news stories concern the hiring of new executives, acquisitions, or business decisions. However, I was able to find at least one recent article for each company, even if they aren't considered "major news" articles. 
FINDINGS1. KB Home   Headquarters: 
10990 Wilshire Blvd.
Los Angeles, CA 90024
Revenue: $4.4 billion 
Number of Employees: 1,590 (total)

What They Do: KB Home is a construction company that builds residential homes. It features an "in-house team of architects and home designers are dedicated to creating homes that are spacious, beautiful and innovative." The company's "Built to Order" process helps customers get exactly the house they want.

Major News: On March 7, 2018, KB Home announced it had named Doug Schwartz president of its Raleigh division. Mr. Schwartz will be responsible for the company's "home building operations across the Raleigh and Durham markets, from land acquisition and construction, to sales and customer service."

On March 5, 2018, KB Home announced the grand opening of its newest home community, Camberly Place, which is located in French Valley, California, "near Interstates 15 and 215 and State Route 79 facilitating easy commuting throughout Riverside, San Bernardino, Orange, and San Diego counties."

On March 1, 2018, KB Home announced the purchase of land located in the Bay Area upon which it intends to build "36 new residences, both town homes and duet-style homes." The community will be situated in the town of Morgana.
2. VCA (Veterinary centers of America) Headquarters:
12401 West Olympic Blvd.
Los Angeles, CA 90064
Revenue: $3.9 billion 
Number of Employees: 12,700 (total)

What They Do: The VCA is the largest network of animal care providers nationwide. The company operates more than 800 animal hospitals across "43 U.S. states and 5 Canadian provinces." and provides "diagnostic services to more than 17,000 independent hospitals."

Major News: On February 16, 2018, VCA announced the opening of a new radiation oncology department in Fountain Valley, an Orange County, California animal medical center. VCA invited the public to a ribbon-cutting ceremony that would include a celebration with NFL players who would be available for photos and autographs. The addition of the radiation oncology unit means that this hospital is "one of a few in the country to offer cutting-edge stereotactic radiation therapy to treat tumors in dogs and cats."
3. Mercury Insurance   Headquarters: 
4484 Wilshire Blvd.
Los Angeles, CA 90010
Revenue: $3.4 billion 
Number of Employees: 4,500 (total)

What They Do: Mercury Insurance is an insurance company that has been "comprehensive coverage options ranging from personal auto insurance to homeowners insurance to mechanical breakdown protection" since 1962. It is currently "one of the fastest-growing auto insurers in the nation and the leading insurer in California."

Major News: On February 27, 2018, Mercury Insurance introduced its "Service Line Protection enhancement [that] offers up to $10,000 per occurrence for damage to exterior and underground service lines. Service lines covered by the enhancement include water piping, sewer piping, ground loop piping, piping for heating, piping for compressed air, and power lines." This enhancement is only available to customers in specific states, including California.

On February 20, 2018, the U.S. Supreme Court "rejected a challenge brought by Mercury Insurance" and other insurance companies to "insurance reform Proposition 103," a law in California that regulates insurance companies to "limit price gouging, profiteering, inflated executive salaries and other unjustified expenses."
4. 99 Cents Only Stores   Headquarters: 
4000 Union Pacific Ave.
City of Commerce, CA 90023
Revenue: $2.7 billion 
Number of Employees: 17,200 (total)

What They Do: 99 Cents Only Stores is a "premier deep-discount retailer that primarily carries name-brand consumable and general merchandise." The first store opened in 1982, but there are now over 350 locations across California, Texas, Arizona, and Nevada. The company also operates "two distribution centers in California and Texas."

Major News: On February 28, 2018, 99 Cents Only Stores promoted Jack Sinclair to the position of Chief Executive Officer to replace the retiring Geoffrey Covert. Prior to becoming the CEO, Sinclair was the company's Merchandising and Marketing Officer.

On January 29, 2018, 99 Cents Only Stores announced that it had launched its newly designed website that was "built to improve the customer experience through several cutting-edge features that make it easier than ever for customers to find stores near them." The new website allows customers to have a social experience while shopping the store online. It also features a "full Spanish experience" for the company's Spanish-speaking consumers.
5. Guess?   Headquarters: 
1444 South Alameda Street
Los Angeles, CA 90021
Revenue: $2.3 billion 
Number of Employees: 14,300 (total)

What They Do: Guess? is a retail fashion brand that was established in 1981 with a blue jeans line of clothing. Guess? is now "a symbol of a young, sexy and adventurous lifestyle." In 2004, Guess? introduced a contemporary clothing collection called Marciano, which "offers a fashion-forward collection designed for trend-setting women and men."  Guess? is also behind the retail concept G for Guess, which debuted in 2007.

Major News: On March 7, 2018, Guess? announced a new "wood sourcing policy" so that the company can "decrease the risk of contributing to deforestation and endangering indigenous communities." Guess? has also committed to tracing the origins of "all regenerated cellulosic fibres in its own supply chain" and will put procedures in place to identify suppliers of these fibres.
6. Oaktree Capital   Headquarters:
333 South Grand Ave.
Los Angeles, CA 90071
Revenue: $1.5 billion 
Number of Employees: 900 (total)

What They Do: Oaktree Capital is an "alternative investment management" company that boasts an expertise in credit strategies. Globally, the company manages "75 of the 100 largest U.S. pension plans, over 400 corporations around the world, 38 of the 50 primary state retirement plans in the United States, over 350 endowments and foundations globally, and over 15 sovereign wealth funds."

Major News: On February 14, 2018, Oaktree Capital announced that the company's Chief Executive Officer, Jay Wintrob, would be presenting at the "Credit Suisse 19th Annual Financial Services Forum." Other than financial reports, this is the only news available for Oaktree Capital within the last 24 months.
7. J2 Global   Headquarters:
6922 Hollywood Blvd.
Hollywood, CA 90028
Revenue: $1.1 billion 
Number of Employees: 1,130 

What They Do: J2 Global provides Internet services through its two business segments: Business Cloud Services and Digital Media. Within the Business Cloud Services, the company offers J2 Cloud Connect, which includes "Internet fax, virtual phone and unified communications solutions"; and J2 Cloud Services, "which offers hosted email and spam and virus blocking, email marketing." Its other segment, Digital Media, "offers technology, gaming and lifestyle content through its digital properties."

Major News: On February 7, 2018, J2 Global acquired Vipre, an "endpoint security technology vendor," to "help their channel partners and end-customers bolster and advance their security profiles by combining J2's cloud infrastructure and global resources with Vipre's security technology."
8. The Honest Company   Headquarters: 
2700 Pennsylvania Ave
Los Angeles, CA 90404
Revenue: $273.5 million 
Number of Employees: 400 

What They Do: The Honest Company is a wellness brand that "designs and manufactures bundles, baby, bath and body, cleaning, health and wellness, collective, and gift products." Its focus is on providing consumers with eco-friendly, "safe, [and] effective products that perform." The company sells its products in stores and online.

Major News: The most recent news for The Honest Company was in June 2017, when the company settled a second lawsuit that alleged The Honest Company "fraudulently labeled dozens of home and personal care products as natural, plant-based or chemical-free." The terms of the settlement were undisclosed. A week earlier, The Honest Company had settled the first lawsuit against it for $1.55 million. Despite the settlements, the company continues to deny the charges.
9. Boingo Wireless   Headquarters:
10960 Wilshire Boulevard
Los Angeles, CA 90024
Revenue: $192 million 
Number of Employees: 314 

What They Do: Boingo Wireless is a "leading WiFi and cellular operator" in the United States. It is also the "largest indoor DAS (cellular) provider" in the country. The company provides "wireless connectivity solutions for smartphones, tablets, laptops, wearables, and other wireless-enabled consumer devices." It currently offers a network comprised of about 1.5 million hotspots.

Major News: There has been very little news about Boingo Wireless recently, but the company provides free wireless network access at the Minneapolis St.-Paul Airport, and on the day following the Super Bowl, Boingo reported "close to double typical data consumption" from travelers leaving the Super Bowl city. Boingo, which has been the wireless provider at the airport since 2012, recently expanded coverage inside the airport to "make sure visitors didn’t lose connectivity."
10. Loot Crate   Headquarters:
3401 Pasadena Ave.
Los Angeles, CA 90031
Revenue: $100 million 
Number of Employees: 207 

What They Do: Loot Crate assembles themed mystery boxes on a subscription basis. The boxes typically contain "collectibles, apparel, gadgets, art, and other epic gear from various entertainment and consumer product companies." 

Major News: There is not much news available for Loot Crate over the past 24 months, but on March 4, 2018, the company partnered with Rare, developer of Sea of Thieves to include a Flameheart figure in its March Gaming Crate. 
11. Fullscreen Media   Headquarters:
12180 Millennium Dr
Los Angeles, CA 90094
Revenue: $75 million 
Number of Employees: 866 

What They Do: Fullscreen Media is a company that helps content creators "reach and mobilize connected consumers through social video" through the use of tools and opportunities. The company also "programs experiences that connect stars with the fans."

Major News: On March 6, 2018, Fullscreen Media announced the creation of its TBH (To Be Honest) panel made up of 3,000 "social media-focused millennials." This panel is designed to allow marketers the ability to research and conduct campaigns on these millennials to measure "how specific channels influence purchase behavior, changes in perception over time, as well as asking industry-specific questions to understand what impact influencers have on various categories, including awareness, trust and purchasing power."
12. Insomniac Games  Headquarters:
2255 N Ontario St.
Burbank, CA 91504
Revenue: $61.4 million 
Number of Employees: 229 

What They Do: Insomniac Games develops video games for various PlayStation console models and social media. Some games the company has developed include Marvel's Spiderman, Ratchet & Clank, The Unspoken, Edge of Nowhere, Feral Rites, and Song of the Deep.

Major News: Very little news is available for Insomniac Games; however, on February 8, 2018, the company announced it would be "shutting down servers for its classic Ratchet & Clank games for PlayStation 3." This meant that "multiplayer and other network features, [would] be discontinued as of February 15, 2018."
CONCLUSIONAn additional 12 top Los Angeles companies by revenue have been identified and detailed. Of these 12, the company with the highest revenue is KB Homes at $4.4 billion.

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Phoenix - Top Companies by Revenue Part One

OverviewThe top companies in Phoenix by revenue include Republic Services Inc., Freeport-McMoRan Inc., Pinnacle West Capital Corporation, Vereit Inc., ON Semiconductor Corporation, Knight-Swift Transportation Holdings, Amerco, Western Alliance Bancorporation, Avnet Inc., Cable One Inc., Sprouts Farmers Market Inc., and Mobile Mini Inc.

We performed an extensive search of recent industry sources and periodicals, trusted media resources, and statistics databases to identify the top companies in Phoenix based on revenues. Please see our findings below.

Republic Services Inc. Republic Services Inc. is a public company involved with trash removal and recycling. The number of full-time employees in the company is approximately 13,000. The reported 12-month revenue is $9.1 billion. Stock News Journal gives the company's present market capitalization as $22.09 billion, with a share going for $66.54.

Freeport-McMoRan Inc.Freeport-McMoRan Inc. is a metal mining/energy company, with about 25,200 full-time employees. The reported 12-month revenue according to Stock News Journal is $15.3 billion.  Freeport-McMoRan Inc. market capitalization at present is $26.88 billion at $18.32 per share.

Pinnacle West Capital Corp.Pinnacle West Capital Corp. is an electric utility business with 6,292 full-time employees. The company's reported 12-month revenue was $9.4 billion. Pinnacle West Capital Corp. reported a profit of $21.63 million for the fourth quarter which was a drop from last year. The company's revenue for the quarter was $796.66 million which was a rise of 2.8%.

Vereit Inc.Vereit Inc. is a commercial-property REIT company with 330 full-time employees and a reported 12-month revenue of $1.4 billion. According to Nasdaq Journal shares, Vereit shares are currently trading at $6.96, with 1,586,313 shares trading hands and experiencing a change of 1.75%.

ON Semiconductor CorporationON Semiconductor Corp. is a company dealing with semiconductors and has 34,000 full-time employees and a reported 12-month revenue of $5 billion. OppenheimerFunds Inc. increased its position in shares of ON Semiconductor Corp by 121.6% during the 4th quarter, according to the most recent filing with the Securities and Exchange Commission (SEC).

Knight-Swift Transportation HoldingsKnight-Swift Transportation Holdings is a trucking business with 28,000 employees and a reported 12-month revenue of $1.1 billion. According to the Ledger Gazette, the company's earnings estimates have the lowest at $0.35, and the highest at $0.44.

AmercoAmerco is a truck and equipment rental business with 26,000 employees and a reported 12-month revenue of $3.5 billion. According to Cision Pr Newswire, U-Haul's employees which is Amerco's parent company will receive a bonus of more than $23.6 million due to tax cuts introduced by Trump.

Western Alliance BancorporationWestern Alliance Bancorporation is a banking and financial services business, with 1,725 employees and a reported 12-month revenue of $762 million. "With more than $20 billion in assets, Western Alliance Bancorporation is one of the country’s top-performing banking companies and is ranked #2 on the Forbes 2018 “Best Banks in America” list. "

Avnet Inc.Avnet Inc. is an electronic distribution company with 15,700 employees and a reported 12-month revenue of $17.4 billion. According to Simply Wall St, Avnet Inc. will be distributing a dividend of $0.19 per share in March 2018.

Cable One Inc.Cable One Inc. is a cable communications company with 1,877 employees and a reported 12-month revenue of $861 million. According to The Ledger Gazette, in the 4th quarter, Central Securities Corp cut its shares position by 5.6%.

Sprouts Farmers Market Inc.Sprouts Farmers Market Inc. is a health-focused grocery store business with 27,000 employees and a reported 12-month revenue of $4.3 billion. They deal with natural and organic foods. The management projects a revenue growth of 12.5% in 2018 from 11.5% previously.

Mobile Mini Inc.Mobile Mini Inc. is a portable storage unit business with more than 2,000 employees and a reported 12-month revenue of $509 million. The Ledger Gazette reports the Institute for Wealth Management LLC having bought 49,002 shares from Mobile Mini Inc. valued at about $1,692,000.

ConclusionThe above 12 companies in Phoenix were selected according to their revenues. Details of the kind of businesses they are involved in and the number of employees are also provided.

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Phoenix - Top Companies by Revenue Part Two

The top 24 companies in Phoenix, Arizona include the following 12 companies: Best Western, Banner Health, Pet Smart, Southern Copper Corporation, Knight-Swift Transportation, Shamrock Foods, Viad Corp, Avella Specialty Pharmacy, Hensley & Co., Cavco Industries, Leslie's Poolmart and Mesa Air Group. Below you will find the methodology adopted to develop this list and all other required details pertaining to the companies.

METHODOLOGY

We browsed the following lists to find the remaining 12 of the top 24 companies headquartered in Phoenix, Arizona:

--Fortune 1000 companies based in Arizona
--Forbes America’s Largest Private Companies
--Caspio’s list of Arizona’s public companies (listed by market capitalization)
--Zippia’s list of 100 Biggest Companies in Arizona

For the public companies, the revenue figures and employee count was found in the annual reports or the websites of the companies. We have derived numbers from the 2016 annual report as the 2017 annual report has not been published in most cases. In the case of private companies, we first looked for the information on the company website, in case of unavailability we searched for this information on Owler and reliable media sources.

For the major news on the company, we went back approximately one full year in the press releases of individual companies. In some cases, there is no major news even in the duration of an entire year. Going back a year was necessary as the likelihood of finding major news in a shorter duration is even lesser. Also, going back further than a year may have made the news irrelevant to any developments in the near future.  We have chosen a year's time to balance both aspects: unavailability of major news and relevance today.

LIST OF REMAINING 12 OF THE TOP 24

BEST WESTERN

Revenue: $8 billion 
Number of Employees: Over 1,000 
Headquarters: Phoenix, Arizona

Best Western is a private company with a network of 4,200 hotels in 100 countries. It has been rapidly expanding its presence in Asia by launching new hotels in "key business and leisure destinations" all across the region.


BANNER HEALTH

Revenue: $7.6 billion 
Number of Employees: Over 50,000  
Headquarters: Phoenix, Arizona

Banner Health is a healthcare provider in the US. It recently got into a joint venture with Select Medical Holdings Corp. to operate four hospitals and 38 physical-therapy clinics in Arizona. 

PET SMART

Revenue: $7 billion 
Number of Employees: 55,000 
Headquarters: Phoenix, Arizona

Pet Smart sells products and services for pets; both online and offline. In August 2017 the CEO, Michael Massey stepped down after a two-year stint with Pet Smart; he had joined as CEO in 2015 when the company went private.

SOUTHERN COPPER CORPORATION

Revenue: $6.7 billion 
Number of Employees: 13,414 
Headquarters: Phoenix, Arizona

Southern Copper is one of the biggest integrated copper producers globally.  Very recently it won a $400 million bid for Michiquillay project in Cajamarca, Peru, which according to the company not only offers it a unique opportunity to grow but is also strategically advantageous for it.
 

KNIGHT-SWIFT TRANSPORTATION

Revenue: $5 billion 
Number of Employees: 28,000 
Headquarters: Phoenix, Arizona

Knight-Swift Transportation is the largest full truckload company in the US. It has a fleet of roughly 23,000 tractors and 77,000 trailers. The company is a result of the merger between Swift Transportation and Knight Transportation; the merger was completed in the Sept 2017. 

SHAMROCK FOODS

Revenue: $3.03 billion 
Number of Employees: 3,781 
Headquarters: Phoenix, Arizona

Shamrock Foods manufactures and distributes food and food-related products. In May 2017 the company acquired Dee's FoodService, which gave Shamrock Foods presence in New Mexico and West Texas. 

VIAD CORP

Revenue: $1.2 billion 
Number of Employees: 3,436 
Headquarters: Phoenix, Arizona

Viad Corp is an experiential services firm that also operated internationally. It has two major business units: GES, a global full-service live event company, and Pursuit, a travel experiences company. Encouraged by the enormous success of the virtual flight ride theater concept in Canada, in June 2017, the company announced its plan to introduce the same in Iceland.


AVELLA SPECIALTY PHARMACY

Revenue: $1 billion  
Number of Employees: 413 
Headquarters: Phoenix, Arizona

Avella is a specialty pharmacy company. In August 2017, it launched a mobile app for care providers who manage patients with chronic pain or an addiction to painkillers. In the same month, it also launched an e-commerce platform for ordering compounded preparations.

HENSLEY & CO.

Revenue: Over $1 billion 
Number of Employees: Over 1200 
Headquarters: Phoenix, Arizona

Hensley & Co. is a family-owned business into wholesale and distribution of a wide portfolio of (over 2,500) beverages in Arizona. 
 Andrew McCain was appointed as President in February 2017.  Andy is only the third person to hold the title of president in the company's 63-year history.

CAVCO INDUSTRIES

Revenue: $774 million 
Number of Employees: Over 4,000 
Headquarters: Phoenix, Arizona

Cavco designs and builds systems-built structures that also comprise manufactured homes, modular homes, commercial buildings, park model RV’s, and vacation cabins. The company completed the acquisition of Lexington Homes in April 2017. According to Cavco's CEO, this acquisition will help the company "fully serve Cavco’s existing customers in the Southeast."


LESLIE'S POOLMART

Revenue: $766 million 
Number of Employees: Over 1,000 
Headquarters: Phoenix, Arizona

Leslie's Poolmart is a "specialty retailer of swimming pool supplies and related products." It is the world's largest in its category and caters to both residential and commercial customers. In Feb 2018, the company acquired Valley Pool Sales, Inc.; this acquisition will give it even greater reach.

MESA AIR GROUP

Revenue: $618 million 
Number of Employees: 2,800 
Headquarters: Phoenix, Arizona

Mesa Air Group is an airline company that services 44 states in the US, the District of Columbia, Canada and Mexico. Paul Foley who resigned as COO of the company from October 2008 to March 2016 returned as Executive Vice President of Operations in March 2017.

CONCLUSION

The 12 companies listed above are not ranked from 13 to 24 but they collectively make the top 24 companies in Phoenix, Arizona. Major news included is largely based on relative importance to other news in the press release and they are not necessarily major in an absolute sense. The companies are from very diverse industries like healthcare, airlines, construction, CPG, metals, etc.

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Denver - Top Companies by Revenue Part One

In descending order of revenue amassed DaVita, Molson Coors Brewing, Whitewave Foods, Chipotle Mexican Grill, MDC Holdings, Optiv Security, SendGrid, All Copy Products, Welltok, Weifield, Punch Bowl Social, and Sanity Solutions, are the top 12 companies headquartered in Denver. DaVita rightly tops the list having generated approximately $15.2 billion and operating with 70,300 employees, they are also the biggest employers amongst the list of top companies in Denver. However, from our research, the top 4 companies in Denver generated the most revenue and employ the highest number of employees.
MethodologyTo research the 12 top companies headquartered in Denver, we based our research and ranking on two criteria: revenue generated and their respective company sizes, which is also taken as the number of employees each employs. Hence, from the most recent, credible, and authoritative resources within our research reach, which ranks tops companies in the United States, we took a deep dive to research companies headquartered in Denver. Below we rank these companies by first considering their revenues, then their company sizes, respectively.

1. DaVitaRevenue — $15.2 billion (approximately)
No. of employees — 70,300 
Industry — Healthcare: Medical Facilities 
Recent major News1. DaVita announced a partnership with Epic, the popularly used electronic health record (EHR). This partnership aims to enhance and grow DaVita's Physician's Solutions' chronic disease (EKD) EHR platform
2. UnitedHealth attempted to buy DaVita Medical Group's unit from kidney dialysis in a $4.9 billion all-cash transaction deal.
2. molson coors brewingRevenue — $4.88 billion 
Employees — 17,400 
Industry — Breweries 
recent major news1. A parent company of MillerCoors, Molson Coors, which operates two breweries in MIlwaukee, announced the promotion of Sergey Yeskov to the position of President and CEO of Molson Coors International.
3. WhiteWave FoodsRevenue -$4.2 billion 
Employees — 5,800 
Industry — Food 
recent major news
1. Danone announced the acquisition of Whitewave in an M&A deal. Under this agreement, Whitewave shareholders were announced to receive $56.25 per share in cash. The completion of this transaction meant Whitewave's common stock ceased trading prior to market opening day, hence, delisted from the New York Stock Exchange.
4. Chipotle Mexican Grill
Revenue — $3.90 billion 
Employees — 64,570 
Industry — Food (Restaurants) 
Recent Major News1. Board of Directors appointed Brian Niccol as CEO and a member of the Board effective 5th March 2018. 
5. MDC Holdings
Revenue — $2.33 billion 
Employees — 1,318 
Industry — Home-building and Fnancial Service Businesses 
Recent Major News1. A subsidiary of MDC, Richmond American Homes of Arizona, Inc. announced the opening of Entrada La Villita, which is a new community in Sahuarita's Rancho Sahuarita master plan.
6. Optiv SecurityRevenue — $2.0 billion 
Employees — 1,710 
Industry — Security 
Recent Major News1. Stu Solomon is announced as Chief Technology and Strategy Officer (CTSO). With the appointment, Stu is made responsible for aligning and evolving Optiv's partner strategies to address important security issues facing enterprises today.
2. Optiv Security partners Signal Sciences to bring enterprise-class organizations application, cloud and DevOps security solutions. 
7. SendGrid Revenue — $79.9 million 
Employees — 322 
Industry — Software 
recent major news1. Effective February 28, 2018, Anne Raimondi was elected to SenGrid's Board of Directors. 
8. All Copy ProductsRevenue — $74.3 million 
Employees — 377 
Industry — Business Products & Services 
recent major news1. CEO, Brad Knepper announced the breaking of All Copy Products newly planned corporate headquarters in Denver.
9.Welltok Revenue — $62.5 million 
Employees — 420 
Industry — Healthcare 
Recent major news1. Welltok announced the launch of its new platform, EngaeME, aimed at enhancing communications between healthcare providers to patients.
2. Welltok acquired Tea Leaves Health from J2 Global subsidiary Ziff Davis for over $80.8 million in 2017.
10. Weifield Group ContractingRevenue — $59.2 million 
Employees — 331 
Industry — Construction 
Recent Major news1. 1st December 2017, Weifield Chief Business Development Officer, Karla Nugent was name among 'Top 25 Most Powerful Women' by Colorado Women's Chamber of Commerce in its 6th annual award honors. 
11. Punch Bowl SocialRevenue — $36.0 million 
Employees — 1,050 
Industry — Food & Beverage 
recent major news1. Punch Bowl Social will on 24th March 2018 open a 25,000 square-feet of games, food, and drinks at an Atlanta location. The company plans to open more outposts this year.
12. SANITY SOLUTIONSRevenue — $35.2 million 
Employees — 30 
Industry — Computer Hardware 
recent major news1. In the Dell EMC Partner Program for 2018, Sanity Solutions was awarded a Titanium status, which is shared and shared only with select partners in the United State.
ConclusionTwelve top companies headquartered in Denver are DaVita, Molson Coors Brewing, Whitewave Foods, Chipotle Mexican Grill, MDC Holdings, Optiv Security, SendGrid, All Copy Products, Welltok, Weifield, Punch Bowl Social, and Sanity Solutions. DaVita tops the list having generated approximately $15.2 billion and operates with about 70,300 employees, they are also the biggest employers amongst the list of top companies in Denver.

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Denver - Top Companies by Revenue Part Two

The top companies based on largest revenue and most employees are Teletech, RE/MAX, Gates Corporation, Digital First Media, Hawkwood Energy, Sage Hospitality, Frontier Airlines, Intrawest, Leprino Foods, DCP Midstream, Furniture Row LLC and StoneRiver, Inc. are the top companies in Denver.  We have researched and established the following list of these companies, their revenues, employee sizes and important recent news below.
MethodologyFor these top companies headquartered in Denver, we continued to base our criteria on revenue and the number of employees at the company. We found the 100 largest companies that were headquartered in Colorado, and narrowed our search to the companies that were specifically in Denver. We took a deep look at these companies to ensure that they were sourced from credible and reputable resources. Below you will find the following largest companies that are headquartered in Denver by revenue and the number of employees. 

13. TeletechRevenue — $1.4 billion 
No. of employees — 48,000 
Industry — Consulting services, customer engagement and revenue management 
Recent Major News1. On January 9, 2018; TeleTech announced that it changed its name to TTEC.
2. TeleTech Holdings, Inc. reported their financial results for the third quarter which ended on September 30, 2017. Although these results were are yet to be audited, their revenue had increased approximately $47 billion, rising from $312,796,000 in 2016 to $359,036,000 in 2017.
14. Re/maxRevenue - $187 million 
Employees - 344 
Industry - Real Estate Brokerage 
Recent major news1. RE/MAX Preferred Association presents at the NAR REALTORS conference and Expo in Chicago, Illinois. Their speaker was Megan Hornsby.
2.  RE/MAX and RMCO amend and restated the Credit Agreement on December 15, 2016. This Credit Agreement was dated on July 31, 2013; with JPMorgan Chase Bank as the administrative agent.  This agreemeent provided funding in the form of term loans and revolving debt for a combined amount of $245 million.  
15. Gates CorporationRevenue - $3 billion 
Employees - 14, 000 
Industry - Manufacturer of power transmission belts and fluid power products. 
Recent Major News1. Gates Corporation announced Grand Gawronski as the new President of the Americas Region on December 4, 2017. He will be focusing on the Americas Regional strategies and oversee the Gates' Commercial Original Equipment and Replacement Businesses and the Oil and Gas business interests.
2. On September 26, 2017, Gates Corporation announced a new multi-purpose hose line. The line serves the purpose of the fuel transfer market, hydraulic return market and the suction lines market. Multi Master™ SD MegaFlex® is the first to meet requirements for all three markets. 
16. Digital First Media inc.Revenue - $75.1 million 
Employees - 610 
Industry - Custom marketing programs and digital media. 
Recent Major news1. On February 4, 2018; Digital First Media is the parent company of the Denver Post, Lowell Sun, and many of other newspapers; begins looking to buy the Boston Herald. 
17. Hawkwood EnergyRevenue - $35 million 
Employees - 7,022 
Industry - Oil and Gas 
Recent Major news1. Hawkwood Energy attends and presents at the 4th Annual Private Energy Company Conference on January 18, 2018. The conference was held at the Credit Suisse in New York.
2.  Hawkwood Energy attends and presents at the DUG Eagle Ford Conference and Exhibition on November 15, 2017. The conference and exhibition were held at the Henry B. Gonzalez Convention Center in San Antonio. Patrick R. Oenbring spoke as a chairman and Chief Executive Officer.
18. Sage hospitality resourcesRevenue - $100 million 
Employees - 883 
Industry - Hospitality management 
Major Recent News1. Sage Hospitality Resources attends and presents at the 28th Annual Hunter Hotel Conference on March 17, 2016. The Chief Investment Officer, Michael Everett spoke on behalf of the company. The conference was held at the Atlanta Marriott Marquis Hotel in Atlanta.
19. Frontier airlinesRevenue - $1.7 billion 
Employees - 4,700  
Industry - Airline 
Major recent News1. Volaris, the Mexican low price carrier, and Frontier Airlines announced that they signed a codeshare agreement on January 24, 2018. This is the first ever agreement between two ultra-low-cost carriers and will create even lower fare travel operations between Mexico and the United States.
2. On November 15, 2017; Frontier Airlines announced its commitment to order 134 new A320 aircrafts from Airbus. This will triple the size of the company over the next 10 years. 
20. intrawestRevenue - $570 million 
Employees - 4,100 
Industry - Adventure Company 
Major Recent News1. On August 11, 2017; Intrawest Resorts Holdings announced that they filed a Form 15 with the Securities and Exchange Commission. They did this with the purpose to voluntarily deregister their common stock, par value $.01 under the Securities Exchange Act.

21. leprino foods companyRevenue - $3 billion 
Employees - 4,000 
Industry - Food 
Major Recent News1. Leprino Food's newest processing plant is the exclusive cheese supplier for Pizza Hut, Domino's and Papa John's. It is also now the supplier to Hot Pockets, T.G.I Friday's, Smart Ones dinners and Lean Cuisine.

22. dcp midstreamRevenue - $8.5 billion 
Employees - 2,700 
Industry - Natural Gas 
Major Recent News1. On February 27, 2017; DCP Midstream made changes to the Board of Directors. Greg Ebel and Pat Reddy have resigned from their positions as directors of DCP Midstream, and will be replaced by Al Monaco and Bill Yardley.

23. furniture row llcRevenue - $533 million 
Employees - 2,200 
Industry - Furniture 
Major Recent news1. On July 25, 2017; Furniture Row announced the grand opening of their new 170,000 square foot retail space. The Showroom at this space will offer a large selection of furniture that is found in the Mountain West.
24. stoneriver, inc.Revenue - $20 million 
Employees - 2,200 
Industry - Insurance Technology 
Major Recent News1. On January 9, 2018; "Sapiens International Corporation announced that Equitable Life of Canada (Equitable Life) has selected LifeSuite®m from Sapiens' fully owned subsidiary StoneRiver, Inc (StoneRiver Inc.). "
2. Stone River, Inc. announced their expanded relationship with Catholic Life Insurance on December 4, 2017.

Some of the top employers and revenue generators based in Denver, Colorado are TeleTech, RE/MAX, Gates Corporation, Digital First Media, Hawkwood Energy, Sage Hospitality, Frontier Airlines, Intrawest, Leprino Foods, DCP Midstream, Furniture Row LLC and StoneRiver Inc.

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Las Vegas - Top Companies by Revenue Part One

The top companies in Las Vegas by revenue include Las Vegas Sands, MGM Resorts, Wynn Resorts, IGT, Caesars Entertainment, Scientific Games, NV Energy, Boyd Gaming, Zappos, Station Casinos LCC, Global Cash Access Holdings, and Ahern Rentals.

We performed an extensive search of recent industry sources, company websites, articles, and trusted media sources to identify the top companies in Las Vegas. We also confirmed that all companies have headquarters in Las Vegas, NV.  The top 100 companies were identified first, and then narrowing them down to the top 12 based on revenue. The findings describe the revenue, the company size, a description of what they do, and any major news associated with each company. 
1. Las Vegas SandsRevenue: $13.7 billion 
No. of employees: 50,500 

What they do: LVS is the leading developer and operator of world-class Integrated Resorts that feature luxury hotels, best in-class gaming, retail, dining, entertainment, meetings, conventions, exhibitions, and many other business and tourism activities. LVS was founded in 1990, starting with a single property and now extending worldwide.

Major News: On January 19, 2018, LVS was named one of the "World's Most Admired Companies" in Fortune's annual roundup of the world's most respected and reputable businesses. The decision was based on criteria such as innovation, people management, and social responsibility.
2. MGM ResortsRevenue: $10.8 billion 
No. of employees: 51,000 

What they do: MGM Resorts develops, builds, and operates various resorts designed to provide accommodations, dining, entertainment and gaming experiences.

Major News: According to analyst Joseph Greff, the company is likely to surpass expectation during earnings. He believes MGM represents the gaming sector's most attractive risk/reward for 2018. MGM is expected to rise 33% in stocks as a compelling value play.
3. Wynn ResortsRevenue: $6.3 billion 
No. of employees: 25,200 

What they do: Wynn Resorts develops, owns and operates hotels and casino resorts that offers dining, lodging, gaming space, salon and spa services. 

Major News: Steve Wynn has resigned as Wynn Resorts' CEO and chairman after a Wall Street Journal report published in January detailed allegations of decades of sexual misconduct, as well as a $7.5 million financial settlement paid to a manicurist who claimed she was pressured into having intercourse with Wynn.
4. IGTRevenue: $4.9 billion 
No. of employees: 12,613 

What they do: IGT stands for International Game Technology. They design and manufacture gaming slot machines and systems. 

Major News: On July 26, 2017, IGT announced that it entered into a new €1,500 million term loan agreement and an amendment to multi currency revolving credit facilities. The terms from the new term loan will be used to repay €800 million term loans in January 2019 and €500 million 6.625% notes due in February 2018.
5. Caesars EntertainmentRevenue: $3.4 billion 
No. of employees: 31,000 

What they do: Caesars Entertainment is one of the world’s most geographically diversified casino-entertainment companies. Its foundations are built on providing great service, excellent products and unsurpassed service to our guests. Thanks to this, the company has become a global leader in gaming and hospitality. They now operate resorts and casinos on three continents.

Major News: In December 2017, Caesars Entertainment announced the completion of Harrah's Las Vegas sale and leaseback transaction, and the land acquisition for a new convention center in Las Vegas.
6. Scientific GamesRevenue: $3 billion 
No. of employees: 8,600 

What they do: Scientific Games creates gaming and lottery experiences for casinos on six continents.

Major News: Scientific Games Corporation and NYX Gaming Group Limited entered into a definitive agreement under which Scientific Games will acquire NYX, further strengthening Scientific Games' leadership position and ability to provide the broadest portfolio of content, technologies and digital products and services for its global gaming and lottery customers.
7. NV EnergyRevenue: $2.9 billion 
No. of employees: 2,699 

What they do: NV Energy is a public utility company that generates, transmits, and distributes electric service for the state of Nevada. 

Major News: On January 25, 2017, NV Energy and Apple announced that they will be partnering up to build 200 megawatts of additional solar energy in Nevada by early 2019. This project supports Apple's renewable energy needs for its Reno data center.
8. Boyd GamingRevenue: $2.3 billion 
No. of employees: 19,707 

What they do: Boyd Gaming engages in the development, ownership, and operation of hotels and casinos throughout the United States. 

Major News: In December 2017, Boyd Gaming announced that it has entered into a definitive agreement with Penn National Gaming, Inc. to acquire four Pinnacle Entertainment, Inc. assets: Ameristar St. Charles (Missouri); Ameristar Kansas City (Missouri); Belterra Casino Resort in Florence, Indiana; and Belterra Park in Cincinnati, Ohio.
9. ZapposRevenue: $2 billion 
No. of employees: 2,000 

What they do: Zappos is an online marketplace for clothes, footwear, beauty products and accessories. 

Major News: Zappos CEO Tony Hsieh will be a keynote speaker during Idea Week, a large regional event that will celebrate innovation and entrepreneurship in South Bend and Elkhar. Idea Week will be hosted by the University of Notre Dame, the city of South Bend, the city of Elkhart, and various community organizations and businesses from April 21 to April 28. Hsieh will speak on April 25 at the Lerner Theatre during the Elkhart portion of Idea Week.
10. Station Casinos lccRevenue: $1.6 billion 
No. of employees: 13,650 

What they do: Station Casinos is a casino game and entertainment provider for casinos. 

Major News: Red Rock Resorts Inc. (RRR), parent company of Station Casinos LLC, recently announced plans to add a resort-style pool complex and luxury movie theaters to its Palace Station property as part of a two-property $191 million investment.
11. Global Cash Access Holdings (Now everi holdings)Revenue: $944.6 million 
No. of employees: 900 

What they do: GCA provides cash access and related equipment services and solutions to the gaming industry. 

Major News: On August 13, 2015, Global Cash Access Holdings, Inc announced that the company's corporate name will change to Everi Holdings effective August 24, 2015. This rebranding reflects the company's successful transition to a full-service casino gaming equipment and payment solutions provider focusing on opportunities to address customers' casino floor and technology needs. 
12. Ahern RentalsRevenue: $50 million 
No. of employees: 1,580 

What they do: Ahern Rentals provides industrial equipment rental services including forklifts, booms, hydraulic scissors and other heavy construction equipment. 

Major News: Following the announcement regarding the creation of a global senior executive man team, Don Ahern announced the appointment of Craig Paylor as Chief Operating Officer (COO) on October 1, 2015.
ConclusionThe twelve companies with headquarters in Las Vegas are Las Vegas Sands, MGM Resorts, Wynn Resorts, IGT, Caesars Entertainment, Scientific Games, NV Energy, Boyd Gaming, Zappos, Station Casinos LCC, Global Cash Access Holdings, and Ahern Rentals. Las Vegas Sands tops the list having generated $13.7 billion with 50,500 employees.

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Las Vegas - Top Companies by Revenue Part Two

1Twelve top companies in Las Vegas, Nevada according to estimated annual revenue are Southwest Gas Holdings, Brady Industries, Golden Entertainment, Diamond Resorts International, Nevada Gold & Casinos, Marshall Retail Group, Full House Resorts, Rimini Street, Tropicana Las Vegas, The Cosmopolitan, HealthCare Partners of Nevada, and El Cortez Hotel & Casino.
MethodologyUsing the same source as provided in the first request in this project for consistency's sake, I was able to identify 12 additional top companies headquartered in Las Vegas based on revenue. This source, Zippia's "These Are the 100 Largest Companies in Nevada," is used because although it ranks the companies by the number of employees, this statistic typically correlates to revenue. It is possible there are smaller companies that did not make the top 100 list that have slightly higher revenues than some of the 24 we have put on the list, but as the request only called for 24 of the top companies by revenue in Las Vegas rather than the top 24, we feel confident the companies we have provided across the two requests satisfy the requirements of the project.

Using the Zippia list, I first culled the companies not headquartered in Las Vegas. Then, I removed all 12 companies already identified in the first request. This left me with approximately 50 companies for which I would then go on to research revenues. Using company annual reports for public companies and Owler, Hoovers, Buzzfile, and Manta for private companies, I was able to identify 12 more of the top companies in Las Vegas based on revenue.

After identifying the 12 additional companies, I turned my attention to finding major news about each one. Unfortunately, most companies did not have any major news within the past 24 months. Instead, most news stories concern the hiring of new executives, renovations, or entertainment announcements. However, I was able to find at least one recent article for each company, even if they aren't considered "major news" articles. 
Findings1. Southwest Gas Holdings  Headquarters: 
5241 Spring Mountain Rd.
Las Vegas, NV 89146
Revenue: $2.4 billion 
Number of Employees: 6,277 

What They Do: Southwest Gas Holdings is comprised of two business segments, which are natural gas operations and construction services. In its natural gas segment, the company is "engaged in the business of purchasing, distributing, and transporting natural gas in portions of Arizona, California, and Nevada, serving over 2 million customers." In the construction services segment, the company offers "comprehensive construction services [and is] dedicated to meeting the growing demands of North American utilities, energy and industrial markets."

Major News: On February 6, 2018, Southwest Gas Holdings announced that Roy Cantrella, the company's CFO and Senior Vice President, would be retiring on April 1, 2018. Cantrella has been with the company since 1983. Gregory Peterson, who is currently the company's Vice President/Controller and Chief Accounting Officer, will be promoted to CFO and Senior Vice President following Cantrella's retirement.
2. Brady Industries  Headquarters: 
7055 Lindell Road
Las Vegas, NV 89118
Revenue: $647 million 
Number of Employees: 987 

What They Do: Brady Industries is a "cleaning solutions provider" serving the Western United States. The company delivers cleaning products and solutions to "facility and food service professionals" in Nevada, Utah, Arizona, Idaho, New Mexico, Colorado, California, Texas, and Maryland. 

Major News: On February 20, 2018, Brady Industries named Scott Schleifman as its corporate director of supply chain management. This is a newly created position that will require Schleifman to "manage the day to day operations of the purchasing department with a strategic focus on logistics, product sourcing and inventory management."
3. Golden Entertainment  Headquarters:
6595 S. Jones Blvd.
Las Vegas, NV 89118
Revenue: $430.8 million 
Number of Employees: 2,802

What They Do: Golden Entertainment "owns and operates gaming properties" in resorts and casinos, of which it owns eight. It also operates a distributed gaming division that manages "approximately 16,000 gaming devices" and "114 table games." 

Major News: On February 28, 2018, Golden Entertainment announced it had opened "two new PT's Gold taverns," which gives the company a total of 59 in Nevada. 
4. Diamond Resorts International  Headquarters: 
10600 W. Charleston Blvd.
Las Vegas, NV 89135
Revenue: $250 million 
Number of Employees: 5,500 

What They Do: Diamond Resorts International offers "destinations, events, and experiences" to members, including access to exclusive concert series, VIP receptions, and quality resorts in the United States, Canada, Mexico, the Caribbean, Europe, Africa, and Asia. Diamond Resort members accumulate points that they can then use for resorts, cruises, excursions, and once-in-a-lifetime events.

Major News: There has been no recent news related to Diamond Resorts in Nevada, but on February 22, 2018, the company announced it would be hiring 300 team members for "various beach side roles" in one of five Diamond Resort properties in Virginia Beach, Virginia.
5. Nevada Gold & Casinos  Headquarters: 
133 E. Warm Springs Road
Las Vegas, NV 89119
Revenue: $175.8 million 
Number of Employees: 1,280 

What They Do: Nevada Gold & Casinos operates owns and operates three gaming properties, which are South Dakota Gold, Washington Gold, and Club Fortune Casino. In addition, the company also "provides development, marketing and management expertise...to gaming owners executives and investors." 

Major News: The most recent news for Nevada Gold & Casinos was on August 15, 2016, when it announced that it would be increasing the size of its board of directors "from five to seven members and to include Shawn Kravetz, president and chief investment officer of Esplanade Capital LLC, and Rudolph Kluiber, managing director of GRT Capital Partners to its slate of director nominees." The reason these two people were added was that they "bring financial and business expertise" to the board.
6. Marshall retail group  Headquarters:
3755 W. Sunset Road
Las Vegas, NV 89118
Revenue: $165 million 
Number of Employees: 850 

What They Do: Marshall Retail Group is the largest "independent specialty retailer in the casino-resort and airport marketplace" in the United States. It undertakes the jobs of "building, staffing and operating retail spaces" and currently operates more than 160 stores in North America. Some brands that operate under the Marshall Retail Group umbrella include Flight Stop, Lick, Goods, Kiehl's, Havana Sundries, Welcome to Las Vegas Gift Shop, and Touch of Color.

Major News: In July 2017, Marshall Retail Group named Anthony Lincoln to the position of Development Consultant as the company sought to expand in the "North American airport market." 

In August 2017, Marshall Retail Group announced a partnership with Texture, a digital magazine app, to "create a 'digital newsstand' in San Francisco’s International Airport." Travelers in the airport will be able to access the digital newsstand at the District Market store where there will be tablets and mobile phones pre-loaded with the app on display.
7. Full House Resorts  Headquarters:
1980 Festival Plaza Dr
Las Vegas, NV 89135
Revenue: $161.1 million 
Number of Employees: 1,512 

What They Do: Full House Resorts "develops, owns, operates and manages casinos and related hospitality and entertainment facilities in regional U.S. markets." It currently operates five casinos in Colorado, Indiana, Mississippi, and Nevada. 

Major News: On November 16, 2017, Full House Resorts announced it would be building a "150-guest room, four-star hotel in Cripple Creek, Colorado" as an expansion to the company's Bronco Billy Casino and Hotel that already exists on the site. In addition to the hotel, the company also plans to include a spa, parking garage, a convention space, an entertainment space, and a high-end restaurant.
8. Rimini Street  Headquarters: 
3993 Howard Hughes Parkway 
Las Vegas, NV 89169
Revenue: $151.2 million 
Number of Employees: 866 

What They Do: Rimini Street is a software support company that offers "third-party support services [that] enable clients to optimize existing enterprise software investments, extend current capabilities to leverage hybrid IT, and transform their businesses into digital enterprises with help from intelligent and agile technology road maps." Clients have full-time access to a "regionally-based Primary Support Engineer" who can assist with a variety of IT challenges. The company currently supports more than 1,450 companies on a global scale.

Major News: On March 2, 2018, Rimini Street was awarded "Company of the Year," "Most Innovative Service of the Year," and "Most Customer Friendly Company of the Year" by One Planet for Rimini Street's "ongoing commitment to outstanding client service delivery and for its exceptional company growth and achievements." 

On March 6, 2018, Rimini Street announced it would be receiving a $50 million refund from Oracle after the "Court of Appeals reversed certain awards made in Oracle’s favor during and after [Rimini Street's] 2015 trial, and vacated others, including an injunction that had already been stayed by the appellate court." In addition, all orders and judgments against Seth A. Ravin, Rimini Street's CEO, were overturned on appeal.
9. Tropicana Las Vegas  Headquarters:
3801 S. Las Vegas Blvd.
Las Vegas, NV 89109
Revenue: $50 million 
Number of Employees: 1,544 

What They Do: The Tropicana Las Vegas is a hotel and casino located on the famous Las Vegas Strip. It includes a 50,000 square foot casino, acclaimed restaurants, and "premier entertainment options." The hotel "boasts stylish rooms, suites and luxury villas." The company, which is unaffiliated with other Tropicana properties, has a "strategic partnership with DoubleTree by Hilton, and is a Penn National Gaming Casino."

Major News: There is no recent major news about this Las Vegas company, but in October 2017, it announced that "Purple Reign, the world's #1 Prince tribute starring Jason Tenner" would debut at the hotel and casino's Tropicana Theater beginning in November. 

In November 2017, The Tropicana announced the unveiling of its "Savor, the Buffet," which is an all-you-can-eat "gourmet buffet experience" that will allow its "guests to get their fill on all types of cuisine, seven days a week, at affordable prices."
10. The Cosmopolitan  Headquarters:
3708 Las Vegas Boulevard South
Las Vegas, NV 89109
Revenue: $22.6 million 
Number of Employees: 4,577 

What They Do: The Cosmopolitan is a "unique luxury resort hotel and casino in the heart of the Las Vegas Strip." It features a 100,000 square foot casino, a "mix of hand-selected boutiques, an unrivaled Pool District... and [the] serene Sahra Spa & Hammam." 

Major News: On February 28, 2018, The Cosmopolitan announced it would be the primary sponsor of Richard Petty Motorsports and driver Darrell "Bubba" Wallace, Jr. for the Pennzoil 400 to be held on March 4, 2018, at the Las Vegas Motor Speedway. The number 43 Chevrolet Camaro ZL1 would be painted the "luxury property's signature shade, a jewel-toned purple."
11. Healthcare Partners of Nevada  Headquarters:
700 E. Warm Springs Rd.
Las Vegas, NV 89119
Revenue: $12 million 
Number of Employees: 1,510 (not including acquisition employees)

What They Do: HealthCare Partners of Nevada is a "top-rated medical group in Nevada" that "provides integrated care management for over 1.1 million managed care patients nationally." The group employs more than 210 physicians and 1,300 specialists in Nevada alone. Globally, it employs over 9,000 physicians.

Major News: On May 2, 2017, HealthCare Partners of Nevada announced it had completed its acquisition of WellHealth Quality Care, which is a "multi-specialty medical group and accountable care organization." Financial terms were undisclosed, but the acquisition added a network of 3,000 providers across Southern Nevada to HealthCare Partners of Nevada's employee count. 
12. El Cortez Hotel & Casino  Headquarters:
600 E. Fremont St.
Las Vegas, NV 89101
Revenue: $5.3 million 
Number of Employees: 1,400 

What They Do: Located on Fremont Street in Downtown Las Vegas, El Cortez Hotel & Casino is "the longest continuously-running hotel and casino in Vegas." It opened in 1941 and it "was so successful that it attracted the attention of Bugsy Siegel, Meyer Lansky, Gus Greenbaum, and Moe Sedway, all whom purchased it in 1945." The hotel and casino were placed on the National Register of Historic Places in 2013.

Major News: On March 5, 2018, El Cortez announced it would be renovating "73 Tower rooms and is expected to debut in late summer." The new rooms will "have a bright, classic look with Spanish colonial elements contrasting with modern accents and art." 
ConclusionAn additional 12 top Las Vegas companies by revenue have been identified and detailed. Of these 12, the company with the highest revenue is Southwest Gas Holdings at $2.4 billion.